Country Last 2019 2020 2021
Afghanistan 7.10 Dec/18 6.8 6.2 7
Albania 63.63 Dec/18 61.3 60.5 56
Algeria 36.90 Dec/18 42 46 48
Angola 80.50 Dec/18 72 64 58
Argentina 86.20 Dec/18 100 85 65
Armenia 48.49 Dec/18 48 48.2 48.4
Australia 40.70 Dec/18 41 38 37
Austria 73.80 Dec/18 70 67 65
Azerbaijan 48.40 Dec/18 47.5 50.1 53.4
Bahamas 64.60 Dec/18 76 70 65
Bahrain 93.40 Dec/18 99 102 105
Bangladesh 27.90 Dec/18 25.9 25.5 24
Belarus 29.00 Sep/18 27.8 27.5 27
Belgium 102.00 Dec/18 101 100 99.5
Belize 67.40 Dec/17 67.6 67.2 66.8
Benin 22.10 Dec/17 23 24 24.6
Bhutan 108.64 Dec/17 110 105 103
Bolivia 33.30 Dec/18 50 55 57
Bosnia and Herzegovina 24.80 Dec/18 24.5 24 23
Botswana 22.30 Dec/17 20 19 17
Brazil 77.22 Dec/18 80 82 85
Brunei 2.40 Dec/18 2.7 2.8 2.9
Bulgaria 19.80 Mar/19 20 18.5 18
Burkina Faso 24.40 Dec/17 34 36 33
Burundi 14.40 Dec/17 16.3 17.1 17.8
Cambodia 29.40 Dec/18 36.2 36.7 37
Cameroon 34.00 Dec/18 28 30 32
Canada 90.60 Dec/18 93 90 89
Cape Verde 123.40 Dec/18 124 126 125
Cayman Islands 14.50 Dec/17 13.9 14.2 14.5
Central African Republic 48.50 Dec/18 44.2 40 41
Chad 46.60 Dec/18 45.3 38 35
Chile 25.60 Dec/18 27 30 28
China 47.60 Dec/17 48.7 49.2 50.2
Colombia 50.50 Dec/18 52 53 51
Comoros 31.20 Dec/18 30 32 35
Congo 117.70 Dec/17 80 77 72
Costa Rica 69.60 Dec/18 70 68 65
Croatia 74.10 Dec/18 71.5 68 66
Cuba 18.20 Dec/15 21.5 20 17.5
Cyprus 102.50 Dec/18 97 91 87
Czech Republic 32.70 Dec/18 31.8 30.5 29.5
Denmark 34.10 Dec/18 33 32.4 31.7
Djibouti 90.70 Dec/17 80 82 83
Dominican Republic 50.41 Dec/18 53 52 52.5
Ecuador 45.20 Dec/18 46 40 35
Egypt 101.20 Dec/17 85 83 80
El Salvador 74.07 Dec/17 77 75 73
Equatorial Guinea 53.80 Dec/17 55 48 39
Eritrea 20.10 Dec/17 23 20 19.5
Estonia 8.40 Dec/18 8.5 8.3 8.6
Ethiopia 33.50 Dec/17 30 29 28
Euro Area 85.10 Dec/18 83 81 79
European Union 80.00 Dec/18 79 77 75
Fiji 44.00 Dec/17 55 53 51
Finland 58.90 Dec/18 58 57.5 54
France 98.40 Dec/18 98.6 98.2 97.9
Gabon 66.50 Dec/17 72 80 83
Gambia 65.60 Dec/17 58 52 50
Georgia 43.00 Dec/18 44 43.3 42.1
Germany 60.90 Dec/18 58.5 55.7 52.9
Ghana 70.50 Dec/17 68 65 63
Greece 181.10 Dec/18 175 170 166
Guatemala 24.26 Dec/18 24 23 22
Guinea 18.66 Dec/17 33 28 23
Guinea Bissau 28.10 Dec/17 35 40 43
Guyana 57.00 Dec/18 58 57 56
Haiti 33.00 Dec/18 35 33 31
Honduras 43.44 Dec/18 42 43 44
Hong Kong 38.40 Dec/16 32 31 30
Hungary 70.80 Dec/18 69.5 68 67.2
Iceland 37.70 Dec/18 37.5 37 35
India 68.70 Dec/17 69 70 68
Indonesia 29.80 Dec/18 30.9 32.2 33.5
Iran 44.20 Dec/18 40 35 30
Iraq 48.40 Dec/18 50 47 45
Ireland 64.80 Dec/18 61.5 55.9 52.7
Israel 61.00 Dec/18 64 62 61
Italy 132.20 Dec/18 133 133 132
Ivory Coast 24.50 Dec/17 28 25 23
Jamaica 103.30 Dec/17 92 90 88
Japan 253.00 Dec/17 256 258 259
Jordan 94.23 Dec/18 95 96 94
Kazakhstan 21.90 Dec/18 20 18 17
Kenya 57.10 Dec/17 63 65 64
Kosovo 17.12 Dec/18 18.8 19.6 20.2
Kuwait 14.80 Dec/18 25 27 29
Kyrgyzstan 48.00 Dec/18 60 58 56
Laos 53.34 Dec/18 56.7 57 57.5
Latvia 35.90 Dec/18 34.6 33.2 33
Lebanon 152.00 Dec/18 150 155 152
Lesotho 46.30 Dec/17 44.2 48 46
Liberia 28.80 Dec/17 21 19 20
Libya 16.50 Dec/16 13 11 10
Lithuania 34.20 Dec/18 37 36.4 36
Luxembourg 21.40 Dec/18 20.5 20 19.5
Macedonia 40.70 Dec/18 42.5 43.1 45
Madagascar 41.90 Dec/17 40 39 38
Malawi 54.70 Dec/17 54 52 50
Malaysia 51.80 Dec/18 55 53 50
Maldives 25.60 Dec/17 29.1 26 23
Malta 46.00 Dec/18 43 40 38
Mauritania 77.30 Dec/17 90 94 90
Mauritius 64.90 Dec/17 68 66 64
Mexico 46.00 Dec/18 45.3 47 48
Moldova 27.40 Dec/18 27.8 31.9 41
Mongolia 79.40 Dec/16 83 80 78
Montenegro 62.27 Dec/18 68.7 70.2 72.3
Morocco 63.00 Dec/17 65 67 67
Mozambique 110.50 Dec/18 132 120 110
Myanmar 49.41 Dec/18 38.3 36 35
Namibia 45.10 Dec/18 49 51 52
Nepal 30.40 Dec/18 28.3 28.5 29
Netherlands 52.40 Dec/18 49 47 45
New Zealand 19.90 Dec/18 20 21 20
Nicaragua 52.50 Dec/18 55 56 57
Niger 29.70 Dec/17 33 32 31
Nigeria 21.30 Dec/17 23 25 26
Norway 36.20 Dec/17 32 30 29
Oman 39.90 Dec/17 48 59 62
Pakistan 72.50 Dec/18 73.5 74 75
Palestine 17.50 Dec/17 18 17 16
Panama 39.48 Dec/18 42 43 41
Papua New Guinea 36.90 Dec/18 40 41 42
Paraguay 20.20 Dec/18 23.5 22.8 22
Peru 26.80 Dec/18 29 30 31
Philippines 41.90 Dec/18 40 39 38
Poland 48.90 Dec/18 48 47 45
Portugal 121.50 Dec/18 119 117 115
Qatar 48.40 Dec/18 52.7 51 47
Republic of the Congo 17.00 Dec/17 25 28 30
Romania 35.10 Dec/18 37.3 39.5 40
Russia 13.50 Dec/17 19 21 23
Rwanda 40.20 Dec/17 38 40 42
Sao Tome and Principe 87.50 Dec/17 95 97 98
Saudi Arabia 19.10 Dec/18 20 22 22.6
Senegal 37.10 Dec/17 40 38 36
Serbia 54.50 Dec/18 56 55 55.5
Seychelles 62.00 Dec/17 63 61 59
Sierra Leone 60.30 Dec/17 49 46 44
Singapore 112.20 Dec/18 106 108 110
Slovakia 48.90 Dec/18 47 46 45
Slovenia 70.10 Dec/18 66 62 59
South Africa 55.80 Dec/18 56.3 56.6 57
South Korea 36.60 Dec/18 39 40 40.5
Spain 97.10 Dec/18 97 95 94
Sri Lanka 82.90 Dec/18 75 72 70
Sudan 53.50 Dec/17 54 57 58
Suriname 57.22 Dec/16 38 35 37
Swaziland 9.95 Dec/17 11 13 14
Sweden 38.80 Dec/18 34 32 30
Switzerland 29.70 Dec/17 31.1 30.7 30
Syria 30.01 Dec/10 70 77 83
Taiwan 31.20 Dec/16 33 34 35
Tajikistan 47.90 Dec/18 53.7 55.3 56.5
Tanzania 37.40 Dec/17 43 45 47
Thailand 41.80 Dec/18 45 43 41
Togo 19.60 Dec/17 25 27 30
Trinidad and Tobago 61.00 Dec/18 63 65 60
Tunisia 69.20 Dec/17 65 67 69
Turkey 28.30 Dec/17 34.2 36.6 40
Turkmenistan 29.30 Dec/18 32 32.9 36
Uganda 38.60 Dec/17 40 43 45
Ukraine 60.90 Dec/18 59.3 57.6 55.5
United Arab Emirates 18.60 Dec/18 21.4 22.3 23.2
United Kingdom 84.70 Dec/18 83.4 82.5 79.5
United States 105.40 Dec/17 108 109 110
Uruguay 50.60 Dec/17 60 57 56
Uzbekistan 23.60 Dec/18 22.1 22.4 24
Venezuela 23.00 Dec/17 40 50 60
Vietnam 57.50 Dec/18 60 58 56
Yemen 63.20 Dec/18 58 45 59
Zambia 55.60 Dec/17 60 62 64
Zimbabwe 77.60 Dec/17 80 77 75


This page provides forecasts for Government Debt to GDP including a long-term outlook for the next decades, medium-term expectations for the next four quarters and short-term market predictions.